Soccer

How rich is Chiefs owner Kaizer Motaung?

Kaizer Motaung went from an adolescent with a dream of taking part in soccer to one of the vital influential figures within the recreation.

Motaung was simply 16 years previous when he made his Orlando Pirates debut, and he would go on to play overseas with Atlanta Chiefs.

After making waves within the North American Soccer League, Motaung returned to South Africa with the dream of beginning his personal workforce.

Motaung was in a position to put collectively a powerful workforce of skilled gamers and gifted rookies despite early obstacles and hostility. 

The membership rapidly gained reputation and established itself as a drive to be reckoned with. 

After profitable greater than 78 trophies and incomes an estimated 14 million supporters nationwide, they lastly emerged as essentially the most profitable workforce in South Africa.

Having held government positions in each the South African Football Association (SAFA) and the National Soccer League (NSL), Motaung has been a major determine in South African soccer administration. 

Furthermore, in 1996, he and Irvin Khoza co-founded the Premier Soccer League (PSL), which contributed to the rise of sponsors and funding for skilled soccer in South Africa. 

He continues to supervise Kaizer Chiefs, be a member of the SAFA government committee, and be a member of the PSL Board of Governors.

How rich is Kaizer Motaung?

Motaung is considered one of South Africa’s most profitable businesspeople, with pursuits that reach past sports activities. His distinguished firms are Kaimot Investments (PTY) LTD and Kaizer Investment Holdings Limited.

The multi-millionaire owned a number of companies, together with KMS Marketing and Promotions, Technology and Publishing Companies, Chiefs Village, and Connectivity Partners.

Motaung’s web price has been estimated at R1.1 billion ($60 million).

Tribute

Minister of Sport, Arts And Culture, Goodenough Kodwa paid tribute to the good man.

“Dr Motaung’s legacy includes the impact he has made in the business of South African sport,” Kodwa said.

“As an administrator, Dr Motaung has introduced a industrial and strategic savvy to South African soccer.

“His work within the PSL and at Kaizer Chiefs is seen within the form of sponsors these entities have attracted, and the way they’ve continued to evolve through the years.

“Kaizer Chiefs was the first team in South Africa to adopt the concept of a Managing Director. The rest had Chairmen as heads of their teams. Kaizer Chiefs has become a global brand and has regularly secured significant partnerships and sponsorships. Kaizer Chiefs has also branched to businesses beyond football, such as funeral insurance – showing the business savvy of its founder…he has been a “Chincha Guluva” on and off the sphere! …a recreation changer certainly!

“Dr Motaung nonetheless has a task to play in South African soccer. Football is nonetheless the preferred sport in South Africa, however that doesn’t mirror within the temper of the nation and the overall commonplace of soccer now.

“The standard of football in the country is not good. Many teams play in facilities that are substandard, while South Africa is not at the level it should be in African and world football.”


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